How we did it
In the tables that follow, any reference to 2010 (current) refers to the financial year 2009-10. Similarly for 2009 (previous). Where companies had financial years that were less than 12 months or more than 12, the results have been annualised to arrive at a comparable figure. For the purposes of our study, the ranking has been done on the basis of NET SALES, which is sales or main income minus excise duty. Sales include service charges and lease income.
ASSETS relate to fixed assets ( land, buildings, machinery, etc). plus capital work-in-progress, cash and bank balances, loans and other debtor balances, investments and other intangible assets, excluding accumulated losses and advance tax provisions.
OPERATING PROFIT is arrived at gross profit plus interest.
GROSS PROFIT is arrived at profit before tax (PBT) plus depreciation. Deduct
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